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Lumenis relocates manufacturing to cut costs

This article was originally published in Clinica

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Executive Summary

Israeli laser company Lumenis is moving its Santa Clara, California manufacturing operations and service depot to sites in Utah and Israel. This will lead to the loss of 150 jobs from Santa Clara, but the Yokneam-based company will hire 75 employees for the Salt Lake City and Israel operations. The company believes the measures will result in a one-off cost of $7m, with annual savings of $10m.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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